ObamaCare Already Working To Cut Costs. Like Making Sure Hundreds Of Thousands Of Kids Can’t Get Insurance.
Obama’s need to make sure that we all live in his version of Socialism fails once again.
See, ObamaCare requires that an insurance company that offers individual health care for children provide it as soon as a kid is sick. No questions, no choices, no caps, no limits. So, when a child comes down with some horrible disease and his parents didn’t have them covered, ObamaCare will step in and pay for it, right? Of course not. The insurance companies are required to pick them up at the same cost as a healthy kid and suck it up.
Well, they are looking at those odds and came up with a solution: Stop offering individual plans for kids.
Nice job, Obama.
I know, you lefties out there are saying “well that’s cruel and wrong”. No it’s not, you morons. Insurance is a bet. You place a bet with the insurance company that you will not get sick. The insurance company bets you will stay healthy or at least well enough that they will come out ahead. ObamaCare stacks the deck. Imagine going to a blackjack table where the dealer gets to pick out an ace and a jack for himself before the hand starts. Would you play?
ObamaCare goes after the one group that has the knowledge and ability to run healthcare and destroys them while protecting groups that make a MUCH higher profit margin, like pharmaceutical companies and does it while ignoring every consequence of its own actions.
Barack Obama has been mighty keen on rolling out the most positive aspects of ObamaCare first in order to protect vulnerable Democrats facing voters angry over the bill’s passage. One of the big wins for Obama in the bill was the mandate for insurers to allow parents to carry their kids on policies until their 26th birthday. However, that intervention has created a rather perverse set of incentives that will see fewer children insured:
Some major health insurance companies have stopped issuing certain types of policies for children, an unintended consequence of President Barack Obama’s health care overhaul law, state officials said Friday.
Florida Insurance Commissioner Kevin McCarty said in his state UnitedHealthcare and Blue Cross Blue Shield have stopped issuing new policies that cover children individually. Oklahoma Insurance Commissioner Kim Holland said a couple of local insurers in her state have done likewise. …
The major types of coverage for children — employer plans and government programs — are not be affected by the disruption. But a subset of policies — those that cover children as individuals — may run into problems. Even so, insurers are not canceling children’s coverage already issued, but refusing to write new policies.